Floki ETP is expected to launch in Europe in early 2025
Dec 25, 2024 19:01:35
According to ChainCatcher news reported by CoinDesk, Floki is collaborating with asset managers to develop an ETP that tracks the FLOKI token, which may be launched to European investors in early 2025.
Developers are seeking approval from the Floki DAO community to provide early liquidity when the product goes live. The voting will last for 48 hours and will end on December 27 at 11:00 UTC. If the proposal is approved, the FLOKI token will provide liquidity for the ETP while still being the property of Floki, and if the ETP has sufficient third-party liquidity, the tokens can be withdrawn.
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